Quote from: AlistairJ on March 12, 2018, 03:04:02 PM

Quote from: Hydrogen on October 24, 2017, 10:58:01 PM

Quote from: Hydrogen on October 23, 2017, 09:24:42 PM

Quote

According to TheNational.ae, bitcoin adoption in Zimbabwe is seemingly skyrocketing as the countrys economic situation looks bleak. So much so, that one bitcoin is trading at nearly $10,000 on the Golix.io exchange, while the global average is, at press time, of $5,642.00.

I haven't exchange traded in years. Does anyone know if its possible to arb on the golix.io exchange if indeed btc was trading there at an all time high of $10,000? The implications of btc trading as high as $10k on some exchanges could show demand is strong enough for btc to trend over $6,000. It could mean btc will reach $10k in 2018. Will be interesting to see how good/bad of an indicator this is over the long term.

On the Nigerian exchanges you can enter bitcoin, you can not withdraw. The output requires a trusted person on the spot - which is not easy to do given their reputation. In Zimbabwe, it's probably not all that simple. Be careful.

I dont know much about these countries that how they are treating bitcoins but what I have read here, I have analyzed bitcoins are being prevailed over different countries. In different corners of world bitcoins are becoming famous and reaching out the laymen who would be having fantastic chances to hit the mark. We are hopeful to see bitcoins creating ease for their users.